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Account Closed
  • New to Real Estate
  • Browns Mills NJ
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New at House hacking multi family FHA Loan

Account Closed
  • New to Real Estate
  • Browns Mills NJ
Posted
If I purchase my first multi family investment using a FHA loan to get a low down payment of 3.5% and use rental income potential towards the purchase of the home I was told you have to use one of the units as your primary residence. Is this true? If so for how long must you live in it before you can move out and rent out that unit also?

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